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Question

What is the correct sequence in :

A. Preference

B. Purchase

C. Awareness and Knowledge

D. Conviction

E. Liking

Choose the correct  answer from the options given below:

The correct answer is

C, E, A, D, B

Understanding the Consumer Purchase Sequence

The question asks for the correct order in which a consumer typically moves through different stages before making a purchase. This sequence is a fundamental concept in marketing and describes the customer's journey from initial exposure to the final buying decision.

Let's look at the given stages:

  • A. Preference: Choosing one product or brand over others.
  • B. Purchase: The act of buying the product.
  • C. Awareness and Knowledge: Knowing about the product's existence and understanding its features and benefits.
  • D. Conviction: Developing a strong belief or certainty that the product is the right choice.
  • E. Liking: Developing a positive feeling towards the product or brand.

These stages represent a hierarchical model of consumer response, where certain mental and emotional states must be achieved before moving to the next stage, ultimately leading to the purchase.

Establishing the Correct Sequence

A logical flow for a consumer journey leading to a purchase generally starts with becoming aware of a product. From there, they might develop interest or liking, then compare it with alternatives to form a preference, become convinced it's suitable, and finally decide to purchase.

Let's arrange the given steps in this logical order:

  1. The consumer first needs to know that the product exists and what it is about. This is the stage of Awareness and Knowledge (C).
  2. Once aware, if the product is relevant or appealing, the consumer might develop a positive feeling towards it. This is the stage of Liking (E).
  3. After liking a product, the consumer might compare it with other options and decide that they favor this particular one. This is the stage of Preference (A).
  4. Developing preference can lead to a stronger belief that this product is the best choice for their needs. This strengthens their intent to buy and is the stage of Conviction (D).
  5. The final step in this process is the actual transaction, where the consumer acquires the product. This is the Purchase (B) stage.

Confirming the Consumer Journey Steps

Putting the steps together based on the logical progression of a consumer's decision process, we get the sequence: Awareness and Knowledge (C) → Liking (E) → Preference (A) → Conviction (D) → Purchase (B).

Therefore, the correct sequence is C, E, A, D, B.

Revision Table: Consumer Sequence Stages

Step Description Position in Sequence
Awareness and Knowledge (C) Becoming aware of the product and learning about it. 1st
Liking (E) Developing a positive feeling towards the product. 2nd
Preference (A) Choosing the product over alternatives. 3rd
Conviction (D) Developing a strong belief in the product's suitability. 4th
Purchase (B) Buying the product. 5th

Additional Information: Marketing Hierarchy Models

The sequence described in the question is similar to various hierarchical models used in marketing to understand how consumers move from initial exposure to a product or brand to ultimately making a purchase. One well-known model is AIDA, which stands for:

  • Awareness: The potential customer becomes aware of the product or brand.
  • Interest: They develop interest in the product's benefits and features.
  • Desire: They develop a favorable disposition towards the product and want to own it.
  • Action: They take action, such as making a purchase.

Other models might include stages like Comprehension, Liking, Conviction, etc., fitting into a similar Awareness → Feeling → Action structure. The sequence C, E, A, D, B aligns closely with this general hierarchical approach to consumer behavior, moving from cognitive (knowing) to affective (feeling) to conative (doing).

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Important Questions from Marketing Management

  1. The essential conditions for price discrimination practice to succeed in a different markets are

    A. Firms must have strong interdependence per se

    B. Firm must have some control over the price of the product

    C. Differentiated products and strong entry restrictions

    D. Price elasticity of demand must differ in different markets

    E. Markets for the products must be separable

    Choose the  correct  answer from the options given below:

  2. A salesperson who relies on creative methods for selling products and services is called:

  3. Which of the following are the examples of need for status?

    (A) Being in a position of authority over others

    (B) Having executive privileges

    (C) Participating in pleasant social activities

    (D) Working for the right company in the right job

    (E) Living in the right neighbourhood

    Choose the most appropriate answer from the options below:

  4. Marketing feasibility of any idea includes the following aspects :

    (a) Current and future demand estimates

    (b) Market segmentation and identification of target markets

    (c) Competition analysis

    (d) Market testing

    Which of the following option are correct?

  5. What is the correct sequence of steps involved in the master production schedule preparation?

    (A) Obtaining the net requirement of materials

    (B) Revising the preliminary master production schedule to accommodate the inadequacy of materials

    (C) Obtaining the specification on required production

    (D) Assessing the inventory in hand and on order

    (E) Determining the gross requirements of materials using MRP

    Choose the correct answer from the options given below:

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